Shipping Income of Resident of only 13 Countries Taxable Under DTAA !

Shipping income of non residents in India are mostly not taxed on account of very favourable DTAA (Double Taxation Avoidance Agreement) with the country of which the owner or the charterer of ship is resident. Readers should be knowing that there two distinct provision like the presumptive scheme of taxation u/s 44B and a fast…

The author has spent twenty years with Income Tax department and desire to service common citizen of India which include professionals like tax practioners ,CA,ICMA, CS and tax lawyers by advising them on the direct tax matters for a very affordable fee.